Fuel demand accelerates but new virus wave may slam on the brakes

LONDON/NEW YORK (Reuters) – Fuel demand is gradually recovering as coronavirus lockdown measures ease around the globe but a second wave of infections could swiftly undermine the trend, industry data showed. Road traffic in some of the world’s major cities

Iran oil tanker reaches Venezuela amid US tension

The first of five Iranian oil tankers has entered Venezuela’s waters carrying more than a million barrels of fuel. The Iranian tankers are being escorted by the Venezuelan navy and air force. The US, which has has imposed sanctions on